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FACTS

• Too many Californians conducts their financial lives outside the financial mainstream
• Nationally as many as 28 million people are unbanked
• One in five low-income Californians does not have a checking account
• Nearly half of Californians do not have a savings account
• A full-time worker without a checking account could potentially save as much as $40,000 during his career by relying on lower-cost checking account instead of check-cashing services

Financial Partners

• Bank of America
• Bank of the West
• Broadway Federal Bank
• Chase
• Citibank
• City National Bank
• Kinecta Federal Credit Union
• Pacoima Development Federal Credit Union 
• U.S. Bank
• Union Bank
• Wedbush Bank 
• Wells Fargo

FINANCIAL CONTRIBUTORS

Bank on Los Angeles is ultimately a network of strong partners across the city and the nation, working together to ensure that families throughout the City have access to qualify and affordable financial services to build assets and invest in their future. To this end, the following local and national partners make this possible:

• The Annenberg Foundation (link to www.annenbergfoundation.org )
• Annie E. Casey Foundation (link to www.aecf.org )
• Wachovia (link to www.wachovia.com )
• Wells Fargo (link to www.wellsfargo.com )
• US Bank (link to www.usbank.com )
• Cathay Bank (link to www.cathaybank.com )
• Broadway Federal Bank (link to www.broadwayfederalbank.com )